Defense Industry Stocks: Lockheed Martin Over Northrop Grumman?

Defense Industry Stocks: Lockheed Martin Over Northrop Grumman?

The shares of Northrop Grumman have almost recovered to pre-Covid levels while the shares of its competitor Lockheed Martin remain 13% below February 2020 highs. While both companies have a similar risk-return profile, Trefis believes that Lockheed Martin remains a good pick due to a high current…